This report evaluates the financing for higher education in England which may not be the best economical route. The fundamental dispute is that through the increase of tax, decrease in university expenses and reschedule methods of teaching tuition fee loans can be reduced. By raising the taxes students education will provided with lots help. Moreover it will mean that students won’t be into debts every year.
A further way out would be students being charged a reasonable amount for higher education. As a group we have discussed the theory behind the increase of fees and found that the government has to minimize the way it spends on services locally, nationally, and globally.
The UK government should have maintained the price for charging at£3,000, at £9,000 plus the numbers of years including Interest Home students are going to struggle to pay back loans, this is expected to cause another recession.
Another way out for the expensive tuition cost is resource management in each university. A brand new technique of using resources could be based on hiring students for campus jobs. This way all students will receive understanding and assist them in their own organization.
The BBC news reveals that young people are in danger of being trapped in a lifetime of unemployment. ONS (Office for National Statistics) disclose some intimidating figures which include 115,000 18 year olds to 24 year olds unemployed for longer than two years.
If the government can offer more part time studies for 18 year olds and above, and where full time jobs are being occupied by students we feel that students can easily fund themselves, there would be no need for them to rely solely on the government.
To summarise our point we believe that students at the age of 18 should be more proactive in finding work which will allow them to balance work with their studies.
Higher education along with other important objectives including the pursuit of knowledge for its own sake has a central economic role: To support growth, the higher education sector needs to be large enough, of high quality, and responsive to a rapidly-changing external environment. To sustain objectives and group enclosure, access to higher education must be broad. This in addition supports the growth objective, since the UK can’t afford to waste any talent.
According to different economic experts the way that public universities are funded in England is not the best economic option for our society and the university. This statement is controversial; as the Coalitions proposal on increasing tuition fees to a maximum of £9,000 in 2010 led many to question the motive behind this.
In UK there are four levels of education such as nursery, primary, secondary and college. Through the education act 1944 the government decided to provide Free State secondary education for all students. In 1962 they decided local authorities to pay students fee and contribute their maintenance. The...